IIRM Holdings India to Raise ₹150 Crore from Carpediem Capital and Sanshi Fund
IIRM Holdings India Ltd is initiating a ₹150 Crore capital raise through equity and convertible warrants led by Carpediem Capital and Sanshi Fund - I. The funds are earmarked for strategic acquisitions and international business expansion to strengthen the company's position in the global insurance distribution market.
Shanti Gold International to Raise ₹99.83 Crore via Rights Issue at ₹215 Per Share
Shanti Gold International Ltd has approved a rights issue to raise approximately ₹99.83 crore by issuing 46.43 lakh shares. The capital raise is intended to strengthen the company's financial position following recent in-principle approvals from the BSE and NSE.
Union Bank of India to Raise $2 Billion via Global Medium Term Note Programme
Union Bank of India has secured board approval to raise USD 2 billion through a foreign currency Medium Term Note programme. The capital infusion will be executed in tranches via the bank's international hubs in Dubai and Sydney to bolster its global operations and diversify its funding base.
SBI Raises ₹4,691 Crore via Basel III Compliant Additional Tier 1 Bonds at 7.75%
State Bank of India has successfully raised ₹4,691 crore through the issuance of Basel III compliant Additional Tier 1 (AT1) bonds. The offering, which marks the bank's first such issuance for the current financial year, was oversubscribed more than twofold, reflecting strong institutional demand for the lender's debt instruments.
Transrail Lighting Board Approves ₹600 Crore QIP and Declares 150% Interim Dividend
The Board of Directors of Transrail Lighting Limited has approved a significant capital raising plan of up to ₹600 crore through a Qualified Institutions Placement. Alongside this, the company declared an interim dividend of 150% for the current financial year and announced a strategic move into high-tech sectors including drones and energy storage.
Adani Energy Solutions Launches QIP with Floor Price of ₹1,698.15 per Share
Adani Energy Solutions has officially opened a Qualified Institutions Placement to raise capital from institutional investors. The company has established a floor price of ₹1,698.15 per equity share, following necessary board and shareholder approvals in July 2026.
SMC Global Securities Board Approves ₹150 Crore NCD Issue to Bolster Capital Base
SMC Global Securities Limited's Board has authorized a public offering of Non-Convertible Debentures (NCDs) to raise up to ₹150 crore. The capital-raising exercise is designed with a base issue size of ₹75 crore and an equal oversubscription option to strengthen the firm's financial position.
Spectrum Electrical to Raise ₹325 Crore via Preferential Issue to HDFC MF and Others
Spectrum Electrical Industries Limited has approved a significant capital infusion of approximately ₹325 crore through a preferential issue of equity shares and convertible warrants. The board-approved move aims to strengthen the company's capital base by onboarding institutional investors including HDFC Mutual Fund and Valuequest India Inflexion Fund.
Sumeet Industries Completes ₹199.75 Cr Rights Issue to Double Manufacturing Capacity
Sumeet Industries has finalized a ₹199.75 Crore capital raise through a rights issue to facilitate the integration of a newly acquired manufacturing plant and strengthen its balance sheet. The funding supports a strategic turnaround under new management, focusing on doubling production capacity and enhancing backward integration.